Is Dole plc (DOLE) Halal?

NYSE Consumer Defensive Ireland $1.4B
✗ NOT HALAL
Confidence: 83/100
Dole plc (DOLE) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 89.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Dole plc operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 89.6%
/ 30%
23.1%
/ 30%
48.5%
/ 30%
N/A ✗ NOT HALAL
DJIM 89.6%
/ 33%
23.1%
/ 33%
48.5%
/ 33%
N/A ✗ NOT HALAL
MSCI 29.3%
/ 33%
7.6%
/ 33%
15.8%
/ 33%
N/A ✓ HALAL
S&P 89.6%
/ 33%
23.1%
/ 33%
48.5%
/ 33%
N/A ✗ NOT HALAL
FTSE 29.3%
/ 33%
7.6%
/ 33%
15.8%
/ 50%
N/A ✓ HALAL

Financial Highlights

P/E Ratio
14.6
Forward: 9.3
EPS
$1.01
Dividend Yield
231.0%
Payout: 33.2%
P/B Ratio
1.0
EV/EBITDA
7.6
EV: $2.5B
Revenue
$9.2B
Growth: 9.2%
Beta
0.6
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 7.8%
Operating Margin 1.2%
Net Margin 0.6%
Return on Equity (ROE) 8.7%
Return on Assets (ROA) 3.1%

Cash Flow & Balance Sheet

Operating Cash Flow$123M
Free Cash Flow$2M
Total Debt$1.2B
Debt-to-Equity82.9
Current Ratio1.2
Total Assets$4.4B

Price & Trading

Last Close$14.55
50-Day MA$15.32
200-Day MA$14.33
Avg Volume718K
Beta0.6
52-Week Range
$12.52
$16.57

About Dole plc (DOLE)

CEO
Mr. Rory Patrick Byrne BComm, FCA
Employees
32,027
Sector
Consumer Defensive
Industry
Farm Products
Country
Ireland
Exchange
NYSE
Market Cap
$1.4B
Currency
USD

Dole plc engages in sourcing, production, distribution, and marketing of fresh fruits and vegetables worldwide. It operates through three segments: Fresh Fruit; Diversified Fresh Produce - EMEA; and Diversified Fresh Produce - Americas and ROW. The company offers bananas, pineapples, and plantains; avocados, kiwis, apples, berries, and cherries; and imported and local fresh fruits and vegetables through retail, wholesale, e-commerce, and food service channels. It is also involved in the commercial cargo business. The company offers its products under the DOLE brand. It serves grocery stores, wholesalers, mass merchandisers, supercenters, foodservice operators, club stores, convenience stores, distributors, and smaller regional customers. Dole plc was incorporated in 2017 and is headquartered in Dublin, Ireland.

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Frequently Asked Questions

Is Dole plc (DOLE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Dole plc is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Dole plc's debt ratio?

Dole plc's debt ratio is 89.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 29.3%.

What are Dole plc's key financial metrics?

Dole plc has a market capitalization of $1.4B, trailing P/E ratio of 14.6, and revenue of $9.2B. The company maintains a gross margin of 7.8% and a net margin of 0.6%. Return on equity stands at 8.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.